Alameda CTC Unanimously Approves 5-year $405 million Comprehensive Investment Plan
Apr 27, 2017 at 3:47pm
The 2018 Comprehensive Investment Plan contains a diverse portfolio of local project and program priority investments that support state of good repair, safety and closure of infrastructure gaps.
The Alameda County Transportation Commission (Alameda CTC) unanimously approved the programming of $405 million of funding over the next five years for key Alameda County transportation projects and programs today as outlined in the 2018 Comprehensive Investment Plan (CIP). The CIP includes a five-year programming horizon and a two-year allocation plan that includes federal, state, regional and local transportation fund sources administered by Alameda CTC, including voter-approved Measure B and Measure BB dollars.
“Alameda CTC is delivering on our promises – providing critical funding for a wide range of local transit, bike, pedestrian, highway and infrastructure improvement priorities,” says Alameda CTC Chair Rebecca Kaplan, Oakland City Councilmember At-Large. “The CIP contains a diverse portfolio of investments over the next five years that support projects from early development to construction, to improve safety and state of good repair, and close gaps in our transportation system.”
The 2018 CIP contains programming of $405 million to leverage against nearly $2.8 billion of additional funding, leading to a total investment of approximately $3.2 billion worth of local transportation improvements. “We know that for every one million dollars spent on transportation-related construction and maintenance in Alameda County, approximately 10 full-time equivalent jobs are created within the Bay Area,” says Alameda County Supervisor and Alameda CTC Vice Chair Richard Valle. “This action will support critical infrastructure improvements and contribute to many local jobs – which is exactly what Alameda County voters intended with their strong support of Measure BB in 2014.”
Projects receiving funding are consistent with Alameda CTC’s Countywide Transportation Plan, multi-modal plans, and the voter-approved 2014 Transportation Expenditure Plan, and include paratransit, bicycle, pedestrian, complete streets, emission reduction, interchange improvements, shuttles, park and ride lots, street rehabilitation, travel training, and transit among others. The CIP includes the allocation of $261 million in fiscal years 2017-18 and 2018-19, supporting projects in various phases of development from scoping and design through construction.
“The CIP was developed through a project nomination process that ensures we are investing in local priorities,” says Alameda CTC Executive Director Arthur L. Dao. “By funding projects in various stages of development on a 5-year horizon, we ensure that we are preparing a pipeline of projects for delivery and to be competitive when additional funding, whether at the state or federal level, becomes available.”
In addition to funds programmed through the 2018 CIP, local Alameda County jurisdictions and transit agencies receive monthly funding allocations from Measure B, Measure BB and the Vehicle Registration Fee Program to support bicycle/pedestrian safety and gap closures, street resurfacing and maintenance, transit operations, and transportation services for seniors and people with disabilities. Alameda CTC projects that in fiscal year 2016-17 alone, these monthly distributions will total nearly $150 million.